The ESOP Coach: Using ESOPs in Ownership Succession Planning

About this book

If you are one of the 78.2 million Americans born between 1946 and 1964 (the "Baby Boom" generation) and if you own a business ("Baby Boomer Business Owner") this book was written for you. As you near retirement age you face a difficult dilemma: Do you sell your business walk away from your lifes work and pay a huge amount of tax for the privilege? Many Boomers would say "no" if only they had an alternative. And fortunately you have a desirable option: an Employee Stock Ownership Plan (ESOP). An ESOP lets you get the money you need - and deserve - for retirement without surrendering control of you business or paying exorbitant taxes. In this book I take a very complex topic (ESOP) and explain it in such a way that someone who is a novice to the topic can grasp it. I believe this is the essence of good coaching: The ability to communicate a concept that is second nature to the coach in a way so that it connects with the student. ACCLAIM FOR THE ESOP COACH "Kelly Finnell has filled a vacuum in ESOP literature. Anyone thinking about liquidity options for their business should read this book before making any final decisions. -Jared Kaplan Esq. McDermott Will & Emery Senior Counsel Co-author BNA Tax Portfolio on ESOPs. "Kelly Finnells important book can help you determine if an ESOP is right for you." -Corey Rosen Ph.D. Executive Director National Center for Employee Ownership. "Kellys treatise is the best on this topic - If you are a business owner this is a must-read book!". -Don Hutson Speaker and co-author of The New York Times and The Wall Street Journal #1 Best-Seller The One Minute Entrepreneur "His book is well worth reading for every owner considering a business exit." -John H. Brown Author of How to Run Your Business So You Can Leave It In Style